Right you are Green Jobs Answer Man! In regard to Wind Energy, take away the tax subsidies and the entire industry would die:
Let’s take it back to 1992. The parents are watching Murphy Brown, the kids are watching Full House, and people are rockin’ out to Nirvana and Dr. Dre. (Some things never change.) And wind was ready to usher in a new era of energy production. In fact, Matthew Wald wrote in a 1992 New York Times article, “A New Era for Windmill Power,” that “striking improvements in technology, the commercial use of these windmills, or wind turbines as the builders call them, has shown that in addition to being pollution free, they can now compete with fossil fuels in the cost of producing electricity.”
He went on: “Kingsley E. Chatton, president of U.S. Windpower, which operates 22 new-generation windmills here, said the economics of wind power was at the point where it ‘will compete with fossil fuel.’ Others agree.”
Operating subsidies, or installation subsidies, helps get clean energy sources installed but the problem is that current technology is not economically competitive. Everything we do needs to be done with a view toward global competitiveness. Unfortunately, because current technology is not economical relative to alternatives, it does not promote our competitiveness.
The problem is that subsidies promote technological malaise. They take away the incentive to innovate and lower cost by promoting business models geared more toward gaining favor with politicians than on technological innovation. The result is that subsidized industries quickly become dependent on government. At that point, long-term competitiveness becomes secondary to near-term survival, which is generally conditioned on more handouts. Continue reading
It was September of 1966, and gas was gushing uncontrollably from the wells in the Bukhara province of the Uzbek Soviet Socialist Republic. But the Reds, at the height of their industrial might, had a novel solution. They drilled nearly four miles into the sand and rock of the Kyzyl Kum Desert, and lowered a 30-kiloton nuclear warhead — more than half-again as large as “Little Boy,” the crude uranium bomb dropped over Hiroshima — to the depths beneath the wellhead. With the pull of a lever, a fistful of plutonium was introduced to itself under enormous pressure, setting off the chain reaction that starts with E = MC2 and ends in Kaboom! The ensuing blast collapsed the drill channel in on itself, sealing off the well.
The Soviets repeated the trick four times between 1966 and 1979, using payloads as large as 60 kilotons to choke hydrocarbon leaks. Now, as the Obama administration stares into the abyss of the Deepwater Horizon spill, and a slicker of sweet, medium crude blankets the Gulf of Mexico, slouching its way toward American beaches and wetlands, Russia’s newspaper of record is calling on the president to consider this literal “nuclear option.”
As well he should. It’s a little less crazy than it sounds. The simple fact is that the leak has confounded all conventional efforts to quell it, forcing British Petroleum and its federal overseers to resort to a series of untested, increasingly unwieldy, and heretofore unsuccessful backup plans as the American people’s impatience and rage grow at geometric rates. In the madness that is Deepwater Horizon, The Bomb may be the sanest choice.